Mr. Pan is primarily responsible for supervising overall operations, management, strategic planning and business development of our Group.

Mr. Pan has over 30 years of experience in the power tool and OPE products industry and 29 years of management experience in our Group. Mr. Pan founded our principal operating subsidiary, Nanjing Chervon Industry and has served as its chairman since September 1997. On June 22, 1999, Mr. Pan was appointed as our executive Director, Chairman and Chief Executive Officer. Mr. Pan currently serves as a director in a number of our subsidiaries and as the general manager of Chervon (China) Investment. He is also a director of Chervon Global and its various subsidiaries, which are principally engaged in the production of key automobile and mechanical components and investment management. Mr. Pan serves as the chairman of Chervon Auto Precision Technology, a company listed on the Shanghai Stock Exchange (stock code: 603982.SH) since October 2012. 

Ms. Zhang is primarily responsible for supervising overall operations, management, strategic planning and sales and marketing development of our Group in North America.

Ms. Zhang has over 20 years of experience in the power tool and OPE products industry and management experience in our Group. Ms. Zhang co-founded our principal operating subsidiary, Nanjing Chervon Industry, and has served as its director since September 1997. On June 22, 1999, Ms. Zhang was appointed as our executive Director and executive vice president for the North America sales and marketing. Ms. Zhang currently serves as a director in a number of our subsidiaries. She is also a director of Chervon Global and its various subsidiaries, which are principally engaged in the production of key automobile and mechanical components and investment management. Ms. Zhang serves as a director of Chervon Auto Precision Technology, a company listed on the Shanghai Stock Exchange (stock code: 603982.SH), since October 2016.

Mr. Ke is primarily responsible for supervising manufacturing and production processes and management of our Group.

Mr. Ke has over 20 years of experience in the power tool and OPE products industry and management experience in our Group. Mr. Ke joined Chervon International Trading in January 1996 as a technical director, and has served as a director and a general manager of Nanjing Chervon Industry since September 1997. On June 22, 1999, Mr. Ke was appointed as our executive Director and executive vice president for manufacturing. Mr. Ke currently serves as a director in a number of our subsidiaries. He is also a director of Chervon Global and its various subsidiaries, which are principally engaged in the production of key automobile and mechanical components and investment management. Mr. Ke serves as a director of Chervon Auto Precision Technology, a company listed on the Shanghai Stock Exchange (stock code: 603982.SH), since October 2016. Prior to joining our Group, Mr. Ke was a lecturer in Tongji University from July 1984 to June 1992, a technical manager in TUV Rheinland, a technical services provider, from July 1992 to May 1994 and a technical manager in TUV SUD, a testing and certification provider, from June 1994 to December 1995.

Mr. Clancy is primarily responsible for supervising overall operations, management, strategic planning and sales and marketing development of our Group in North America.

Mr. Clancy has extensive experience in the power tool industry and has accumulated over 30 years of experience in corporate management. Mr. Clancy joined our Group in September 2018 and has since served as the chief executive officer of Chervon NA. from September 2018 to December 2024 Mr. Clancy was appointed as our executive Director on August 4, 2021. Prior to joining our Group, Mr. Clancy served as the vice president for the national accounts unit of Skil Corporation from 1978 to 1992, a power tool and accessory supplier which was later acquired by our Group, the vice president of the consumer business group of Rust-Oleum Corporation, a paint supplier, from 1992 to 1995 the president of RotoZip Tool Corp, a power tool and accessory supplier, from 1995 to 2000 and the senior vice president of the North American Sales organization and the project management of Robert Bosch Tool Corporation, a power tool and accessory supplier, from 2010 to 2016 and from 2016 to 2017, respectively.

Mr. Clancy has been one of the board members of the OPEI since March 2021.

Mr. Tian has over 20 years of extensive experience in thefields of competitive strategy, operation management and property investment and development. Mr. Tian worked at the Nanjing People’s Government (南京市人民政府) from July 1991 to October 2001, with his last position being the deputy department head. He was also the executive secretary of Nanjing Changjiang Waterway Bureau (南京市長江航道管理局) from December 1979 to April 1991. In December 2001, Mr. Tian founded Landsea Group Co., Ltd. (朗詩集團股份有限公司), a company principally engaged in property development, and has since served as its director and chief executive officer. He has been the chairman of the board of Shanghai Landleaf Architecture Technology Co., Ltd.* (上海朗綠建築科技有限公司) since July 2013, a company principally engaged in providing green construction technologies related services and the shares of which were listed on the National Equities Exchange and Quotations Co., Ltd. (stock code: 870998.NEEQ) from February 2017 to March 2020.

Mr. Tian served as the chairman and an executive director in Landsea Green Management Limited (朗詩綠色管理有限公司) (previously named as Landsea Green Properties Co., Ltd. (朗詩綠色地產有限公司)) (stock code: 106.HK) from July 2013 to December 2024 and Landsea Homes Corporation, a company listed on the NASDAQ Stock Market (symbols: “LSEA”, “LSEAW”) from January 2021 to October 2024. He was appointed as a director of Landsea Green Life Service Company Limited (朗詩綠色生活服務有限公司) (stock code: 1965.HK) in December 2020, and subsequently, its chairman of the board and a non-executive director in January 2021 and has been re-designated from a non-executive director to an executive director since March 2024.

Mr. Tian served on various committees, such as the vice president of China Real Estate Chamber of Commerce (全聯房地產商會) from October 2016 to October 2021, the president

of the China Europe International Business School (中歐國際工商學院) (“CEIBS”) Alumni Association from April 2017 to April 2020, and the rotating chairman of China Urban Realty Association (中城聯盟) from April 2018 to April 2020.

Dr. Li was a lecturer in accounting from August 2003 to July 2005 and an associate professor in accounting from August 2005 to November 2006 at the School of Management in Xiamen

University (廈門大學). Dr. Li served as an associate professor at the School of Business in Nanjing University (南京大學) from December 2006 to December 2009. Since December 2009, Dr. Li has been a professor in accounting at the School of Business in Nanjing University (南京大學).

Dr. Li has served as an independent non-executive director of Nanjing Zhongweixin Software Technology Co., Ltd.* (南京中衛信軟件科技股份有限公司), a company principally engaged in computer software development from August 2020 to August 2023 and Jiangsu Sugang Shipping Co., Ltd.* (江蘇蘇港航運股份有限公司), a company principally engaged in maritime cargo transportation from October 2023 to July 2024, and has also served as an independent non-executive director of a number of listed companies, including Baosheng Science and Technology Innovation Co., Ltd. (寶勝科技創新股份有限公司) (stock code: 600973.SH) from December 2014 to May 2019, Changchai Co., Ltd. (常柴股份有限公司) (stock code: 000570. SZ) from March 2015 to April 2020, Jiangsu Fasten Co., Ltd. (江蘇法爾勝股份有限公司) (stock code: 000890.SZ) from April 2015 to November 2019, Nanjing Securities Co., Ltd. (南京證券股份有限公司) (stock code: 601990.SH) from May 2016 to June 2022 and GCL Energy Technology Co., Ltd. (協鑫能源科技股份有限公司) (stock code: 002015.SZ) from June 2019 to January 2025.

Dr. Li has been a director of China Audit Society (中國審計學會) since December 2009 and the vice president of Jiangsu Audit Society* (江蘇審計學會) since January 2019. Dr. Li is qualified as a non-practicing certified public accountant issued by The Chinese Institute of Certified Public Accountants since December 2009.

Mr. Jiang was the founder of Nanjing Tianjia Air-conditioning Equipment Co., Ltd.* (南京天加空調設備有限公司), which was later renamed as Nanjing Tianjia Environmental Technology

Co., Ltd.* (南京天加環境科技有限公司) and had been appointed as its director and general manager in 1999, and has currently served as the chairman of the board of the same. Mr. Jiang served as a director of MayAir Technology (China) Co., Ltd (美埃(中國)環境科技股份有限公司) from July 2019 to March 2020 and was appointed as the chairman of its board since March 2020. Mr. Jiang has been a director of Guangzhou Smardt Chiller Manufacturing Co., Ltd.* (廣州思茂特冷凍設備製造有限公司) since January 2021. Mr. Jiang is also a member of the National Professional Standardization Technical Committee*(全國專業標準化技術委員會).

During his career,Mr. Jiang was nominated as an innovative enterprise talent by the Ministry of Science and Technology* (科技部創新企業人才) and an excellent contributor to the cause of socialism with Chinese characteristics in Jiangsu Province* (江蘇省優秀中國特色社會主義事業建設者). Mr Jiang was also awarded the first prize and the second prize in China machinery industry science and technology* (中國機械工業科學技術一等獎及二等獎) and Nanjing science and technology progress award* (南京市科技進步獎).

Mr. Pan is primarily responsible for supervising overall operations, management, strategic planning and business development of our Group.

Mr. Pan has over 30 years of experience in the power tool and OPE products industry and 29 years of management experience in our Group. Mr. Pan founded our principal operating subsidiary, Nanjing Chervon Industry and has served as its chairman since September 1997. On June 22, 1999, Mr. Pan was appointed as our executive Director, Chairman and Chief Executive Officer. Mr. Pan currently serves as a director in a number of our subsidiaries and as the general manager of Chervon (China) Investment. He is also a director of Chervon Global and its various subsidiaries, which are principally engaged in the production of key automobile and mechanical components and investment management. Mr. Pan serves as the chairman of Chervon Auto Precision Technology, a company listed on the Shanghai Stock Exchange (stock code: 603982.SH) since October 2012. 

Ms. Zhang is primarily responsible for supervising overall operations, management, strategic planning and sales and marketing development of our Group in North America.

Ms. Zhang has over 20 years of experience in the power tool and OPE products industry and management experience in our Group. Ms. Zhang co-founded our principal operating subsidiary, Nanjing Chervon Industry, and has served as its director since September 1997. On June 22, 1999, Ms. Zhang was appointed as our executive Director and executive vice president for the North America sales and marketing. Ms. Zhang currently serves as a director in a number of our subsidiaries. She is also a director of Chervon Global and its various subsidiaries, which are principally engaged in the production of key automobile and mechanical components and investment management. Ms. Zhang serves as a director of Chervon Auto Precision Technology, a company listed on the Shanghai Stock Exchange (stock code: 603982.SH), since October 2016.

Mr. Ke is primarily responsible for supervising manufacturing and production processes and management of our Group.

Mr. Ke has over 20 years of experience in the power tool and OPE products industry and management experience in our Group. Mr. Ke joined Chervon International Trading in January 1996 as a technical director, and has served as a director and a general manager of Nanjing Chervon Industry since September 1997. On June 22, 1999, Mr. Ke was appointed as our executive Director and executive vice president for manufacturing. Mr. Ke currently serves as a director in a number of our subsidiaries. He is also a director of Chervon Global and its various subsidiaries, which are principally engaged in the production of key automobile and mechanical components and investment management. Mr. Ke serves as a director of Chervon Auto Precision Technology, a company listed on the Shanghai Stock Exchange (stock code: 603982.SH), since October 2016. Prior to joining our Group, Mr. Ke was a lecturer in Tongji University from July 1984 to June 1992, a technical manager in TUV Rheinland, a technical services provider, from July 1992 to May 1994 and a technical manager in TUV SUD, a testing and certification provider, from June 1994 to December 1995.

Mr. Clancy is primarily responsible for supervising overall operations, management, strategic planning and sales and marketing development of our Group in North America.

Mr. Clancy has extensive experience in the power tool industry and has accumulated over 30 years of experience in corporate management. Mr. Clancy joined our Group in September 2018 and has since served as the chief executive officer of Chervon NA. from September 2018 to December 2024 Mr. Clancy was appointed as our executive Director on August 4, 2021. Prior to joining our Group, Mr. Clancy served as the vice president for the national accounts unit of Skil Corporation from 1978 to 1992, a power tool and accessory supplier which was later acquired by our Group, the vice president of the consumer business group of Rust-Oleum Corporation, a paint supplier, from 1992 to 1995 the president of RotoZip Tool Corp, a power tool and accessory supplier, from 1995 to 2000 and the senior vice president of the North American Sales organization and the project management of Robert Bosch Tool Corporation, a power tool and accessory supplier, from 2010 to 2016 and from 2016 to 2017, respectively.

Mr. Clancy has been one of the board members of the OPEI since March 2021.

Mr. Tian has over 20 years of extensive experience in thefields of competitive strategy, operation management and property investment and development. Mr. Tian worked at the Nanjing People’s Government (南京市人民政府) from July 1991 to October 2001, with his last position being the deputy department head. He was also the executive secretary of Nanjing Changjiang Waterway Bureau (南京市長江航道管理局) from December 1979 to April 1991. In December 2001, Mr. Tian founded Landsea Group Co., Ltd. (朗詩集團股份有限公司), a company principally engaged in property development, and has since served as its director and chief executive officer. He has been the chairman of the board of Shanghai Landleaf Architecture Technology Co., Ltd.* (上海朗綠建築科技有限公司) since July 2013, a company principally engaged in providing green construction technologies related services and the shares of which were listed on the National Equities Exchange and Quotations Co., Ltd. (stock code: 870998.NEEQ) from February 2017 to March 2020.

Mr. Tian served as the chairman and an executive director in Landsea Green Management Limited (朗詩綠色管理有限公司) (previously named as Landsea Green Properties Co., Ltd. (朗詩綠色地產有限公司)) (stock code: 106.HK) from July 2013 to December 2024 and Landsea Homes Corporation, a company listed on the NASDAQ Stock Market (symbols: “LSEA”, “LSEAW”) from January 2021 to October 2024. He was appointed as a director of Landsea Green Life Service Company Limited (朗詩綠色生活服務有限公司) (stock code: 1965.HK) in December 2020, and subsequently, its chairman of the board and a non-executive director in January 2021 and has been re-designated from a non-executive director to an executive director since March 2024.

Mr. Tian served on various committees, such as the vice president of China Real Estate Chamber of Commerce (全聯房地產商會) from October 2016 to October 2021, the president

of the China Europe International Business School (中歐國際工商學院) (“CEIBS”) Alumni Association from April 2017 to April 2020, and the rotating chairman of China Urban Realty Association (中城聯盟) from April 2018 to April 2020.

Dr. Li was a lecturer in accounting from August 2003 to July 2005 and an associate professor in accounting from August 2005 to November 2006 at the School of Management in Xiamen

University (廈門大學). Dr. Li served as an associate professor at the School of Business in Nanjing University (南京大學) from December 2006 to December 2009. Since December 2009, Dr. Li has been a professor in accounting at the School of Business in Nanjing University (南京大學).

Dr. Li has served as an independent non-executive director of Nanjing Zhongweixin Software Technology Co., Ltd.* (南京中衛信軟件科技股份有限公司), a company principally engaged in computer software development from August 2020 to August 2023 and Jiangsu Sugang Shipping Co., Ltd.* (江蘇蘇港航運股份有限公司), a company principally engaged in maritime cargo transportation from October 2023 to July 2024, and has also served as an independent non-executive director of a number of listed companies, including Baosheng Science and Technology Innovation Co., Ltd. (寶勝科技創新股份有限公司) (stock code: 600973.SH) from December 2014 to May 2019, Changchai Co., Ltd. (常柴股份有限公司) (stock code: 000570. SZ) from March 2015 to April 2020, Jiangsu Fasten Co., Ltd. (江蘇法爾勝股份有限公司) (stock code: 000890.SZ) from April 2015 to November 2019, Nanjing Securities Co., Ltd. (南京證券股份有限公司) (stock code: 601990.SH) from May 2016 to June 2022 and GCL Energy Technology Co., Ltd. (協鑫能源科技股份有限公司) (stock code: 002015.SZ) from June 2019 to January 2025.

Dr. Li has been a director of China Audit Society (中國審計學會) since December 2009 and the vice president of Jiangsu Audit Society* (江蘇審計學會) since January 2019. Dr. Li is qualified as a non-practicing certified public accountant issued by The Chinese Institute of Certified Public Accountants since December 2009.

Mr. Jiang was the founder of Nanjing Tianjia Air-conditioning Equipment Co., Ltd.* (南京天加空調設備有限公司), which was later renamed as Nanjing Tianjia Environmental Technology

Co., Ltd.* (南京天加環境科技有限公司) and had been appointed as its director and general manager in 1999, and has currently served as the chairman of the board of the same. Mr. Jiang served as a director of MayAir Technology (China) Co., Ltd (美埃(中國)環境科技股份有限公司) from July 2019 to March 2020 and was appointed as the chairman of its board since March 2020. Mr. Jiang has been a director of Guangzhou Smardt Chiller Manufacturing Co., Ltd.* (廣州思茂特冷凍設備製造有限公司) since January 2021. Mr. Jiang is also a member of the National Professional Standardization Technical Committee*(全國專業標準化技術委員會).

During his career,Mr. Jiang was nominated as an innovative enterprise talent by the Ministry of Science and Technology* (科技部創新企業人才) and an excellent contributor to the cause of socialism with Chinese characteristics in Jiangsu Province* (江蘇省優秀中國特色社會主義事業建設者). Mr Jiang was also awarded the first prize and the second prize in China machinery industry science and technology* (中國機械工業科學技術一等獎及二等獎) and Nanjing science and technology progress award* (南京市科技進步獎).